NOT LISTED FOR SALE

Estimated Value: $926,382 - $1,107,000

Studio
-- Bath
-- Sq Ft
0.44 Acre Lot

Sale Details

Date Sold: April 10, 2023

Last sale price $720,000

Est. 41% increase in value since last sale

Current estimated payment $7,625 / mo

24 Days on Market

About This Home

As of April 2023

SOLD! CONTRACT ACCEPTED DURING PLN.

Last Agent to Sell the Property

Sharon Falco

REMAX Legends License #471018581 Listed on: 04/12/2022

REMAX Legends

Last Buyer's Agent

Ryan Rahim

Re/Max Cityview License #475146848

Re/Max Cityview

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,906

Year Built

  • Built in 1967

Lot Details

  • 0.44

Parking

  • 8 Parking Spaces

Additional Features

  • 2-Story Property
  • 19,166 Sq Ft Lot
  • Central Heating

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $490
  • Fuel Expense $3,094
  • Insurance Expense $2,299
  • Maintenance Expense $500
  • Other Expense $564
  • Trash Expense $1,410
  • Water Sewer Expense $1,332
  • Operating Expense $24,584
  • Gross Income $106,200
  • Net Operating Income $56,416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,906

Year Built

Built in 1967

Lot Details

0.44 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Condo/Townhouse
  • Stories: 2
  • Year Built: 1967
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: Show-Lock Box
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 8
  • Refrigerators: 8
  • Ranges: 8
  • Room: 0

Garage/Parking

  • ParkingTotal: 8

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls

Fee Information

  • Trash Expense: 1410
  • Water Sewer Expenses: 1332

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.44
  • Lot Dimensions: 19166

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 56416
  • Fuel Expense: 3094
  • Insurance Expense: 2299
  • ElectricExpense: 490
  • GrossIncome: 106200
  • Maintenance Expense: 500
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 24584
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 18906
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Mar 8, 2023
Sold by
Bought by
Seller's Agent
Sharon Falco
REMAX Legends
Buyer's Agent
Ryan Rahim
Re/Max Cityview
List Price
$695,000
Sold Price
$720,000
Premium/Discount to List
$25,000
3.6%
Current Estimated Value
$1,016,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,691
Avg. Annual Appreciation
10.85%
Original Mortgage
$1,152,000
Outstanding Balance
$466,970
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$549,721

Purchase Details

Closed on
Dec 23, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Itasca, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$720,000 None Listed On Document
$635,000 Greater Illinois Title Co
$400,000 --
$380,000 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,152,000
Closed $1,152,000
Previous Owner $117,875
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/10/2023 04/10/23 Sold $720,000 +3.6% --
05/06/2022 05/06/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $695,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $24,445 $359,816 $56,829 $302,987
2023 $23,280 $329,050 $51,970 $277,080
2022 $19,916 $279,290 $47,770 $231,520
2021 $18,906 $265,360 $45,390 $219,970
2020 $19,096 $258,880 $44,280 $214,600
2019 $18,501 $248,780 $42,550 $206,230
2018 $15,680 $202,160 $44,550 $157,610
2017 $14,531 $187,370 $41,290 $146,080
2016 $14,098 $173,410 $38,210 $135,200
2015 $13,905 $161,830 $35,660 $126,170
2014 $14,631 $161,830 $35,660 $126,170
2013 $18,609 $216,280 $36,880 $179,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11363543

Midwest Real Estate Data (MRED)

APN: 02-12-215-006

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